Future and Invest in Portugal

12.01.23 04:46 PM

​Secure Your Future and Invest in Portugal with the Golden Visa Plus Program Starting in 2023

The future of living in Portugal is a bright one, thanks to the Portugal Golden Visa program. The Portugal Golden Visa program was created in 2012 and has since become one of the most popular ways for foreign investors to gain residency in the European Union. With the Portugal Golden Visa, investors can purchase property in Portugal and gain residency in the country.

The Portuguese government recently announced plans to make the Portugal Golden Visa even more attractive for foreign investors. Starting in 2023, the government will offer a “Golden Visa Plus” to those who invest in Portugal. This new program will provide investors with additional benefits and incentives, such as tax breaks, reduced administrative costs, and increased access to financial services.

Under the Portugal Golden Visa Plus program, investors will have to invest at least €500,000 in property or €350,000 in venture capital. They will also need to spend at least seven days in Portugal each year. In exchange, they will receive a five-year residency visa that can be renewed after five years. The program also offers investors access to Portuguese health care and education services, as well as the right to live and work in Portugal.

The maximum investment for the Portugal Golden Visa Plus program is €1,000,000. This will provide the investor with a lifetime residency visa. Those who invest this amount will also have access to Portuguese citizenship after six years, making it a sound investment for the future.

In addition to the residency and citizenship benefits, the Portugal Golden Visa Plus program also offers numerous financial incentives. Investors will be able to take advantage of reduced tax rates, access to low-interest loans, and favorable exchange rates. The Portuguese government also offers grants and subsidies for certain types of investments, making it an attractive destination for those looking to save and invest.

The Portugal Golden Visa Plus program is expected to attract more foreign investors to Portugal. The government hopes that this will help to further develop the Portuguese economy and create new jobs. For those looking to save and invest for their future, the Portugal Golden Visa Plus program could be the perfect opportunity to do just that.

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Rahim Lakhani